Gartley/Butterfly patterns

[peat]

heres an example of the butterfly and the point where it activated on the SP500 last night.

[arco]

Nice example Peat.

Looks like it would have worked similarly using an EW count, so a good combo confirmation in this case.

[arco]

Small BF at the top of this Triangle.

I managed to get some pips off a scalp on the down leg

[peat]

Euro butterfly in cyan has only just begun... target 1.45

[peat]

Noticed that a butterfly on the Aussie 200 has activated

[peat]

bearish gartley on the kiwi. I have a pretty low success rate with the kiwi so wont overdo this trade but will give it a go.

[peat]

well the kiwi worked out ok, theoretical target was 6950 which did get hit , tho I took profits sooner than that ....

this time theres a bearish gartley on the 3 hourly (since early Feb) of the Eur/Jpy and that has culminated in a bearish butterfly over the last few days which has activated , so I am short from 124.37

[peat]

Eur/Jpy short +150 a mere few hours later....

[Bobcat.]

EUR/JPY has found solid support at 121.69 twice today. OANDA are still bearish (expecting a downside play around 122.75), so I'll watch what it does around that price. But as soon as the USD/JPY punches through 90.25, I'm going long (sometime this afternoon after BOJ starts its action?) What will help is if EUR/USD which is due for a breakout, breaks upside (late afternoon?). BTW, be careful around 10am (NZT) - that's when the USD bulls enter the market to reverse it.

[peat]

conflicting harmonic patterns on silver
the bullish butterfly in yellow and a bearish gartley in red

i prefer the bullish side myself. with support now at the blue line.

(looks like the red lines arent too visible unless you open up the graphic)